Also, it will provide you information about the revenue generated in this field.

It is unambiguous that mobile phones (smartphones) are a necessary part of our lives. From improving the living standards of a particular to a gadget without which life seems incomplete, this technology has increased its worth gradually. According to a survey conducted, people spend about 5 hours a day using mobile phones. Mobile provides numerous benefits, including ease of communication, social interaction, safety measures, a tool of knowledge, social entertainment, visual interaction, and the most important of all, a business platform in this demanding era.

MOBILE GAMING INDUSTRY

According to the contributors, there is a clear and wide scope of profit in the gaming industry, especially when it comes to mobile phones. The gaming industry is estimated to cross $300 billion by 2025. Mobile gaming comes forward with a business platform crossing $68.5 billion, according to Omer Kaplan CEO at a well-known mob ad monetization platform the Ironsource.

When it comes to a statistical point of view, gaming applications for mobile phones account for 33% of all the app downloads, 74% of the consumer’s spend, and ten %of all time spent in the app. Predictions are made that over 2.4 billion users are found on mobile gaming applications In terms of time spent on the application, these rules over certain sound applications such as Spotify and Apple music.

On the other hand, televisions seem to loose there importance as mobile phone applications are more user interactive, especially games which develop a good user interface. The gender split in the mobile gaming industry includes 51% female and 49% male. The estimated age of a gamer is between 36-50.

The main reason behind such growth is that these gaming applications are easy to download, interactive to play, and a way of generating revenue

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